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akhil jain (article)     10 December 2013

Appointment of llp as auditor

Whether can LLP be appointed as auditor of a company....bcoz LLP is body corporate


 6 Replies

CS Adnan Shaikh

CS Adnan Shaikh (Company Secretary)     21 December 2013

Yes it can be appointed

Syam Kamal

Syam Kamal (Company Secretary)     21 December 2013

LLP is a body corporate and hence it can not be appointed as an auditor of the Company

CS Adnan Shaikh

CS Adnan Shaikh (Company Secretary)     21 December 2013

Dear Syam,

 

MCA vide its notification, has notified that LLP, which is a Body Corporate as per the Limited Liability Partnership Act 2008, shall not be treated as Body Corporate, for the purpose of section 226(3)(a) of the Companies Act 1956. Therefore an LLP can be a auditor of a Company.

 

Regards,

Adnan

Syam Kamal

Syam Kamal (Company Secretary)     21 December 2013

Dear Adnan I was not aware of the notification. Thanks for the information.. could you please share the notification number and date
CS Adnan Shaikh

CS Adnan Shaikh (Company Secretary)     21 December 2013

Dear Syam,

 

The ministry vide circular No. 30A/2011 dated 26th May, 2011  has clarified this. A copy of the circular is attached.

 

Regards,

Adnan Shaikh


Attached File : 853092 1263164 circular no 30a 2011.pdf downloaded: 105 times
1 Like
akhil jain

akhil jain (article)     27 December 2013

Thank you sir for this

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